1. EachPod

Layoffs reach 23andMe after hitting Mozilla and the Vision Fund portfolio

Author
TechCrunch
Published
Fri 24 Jan 2020
Episode Link
https://omny.fm/shows/techcrunch-startup-news/layoffs-reach-23andme-after-hitting-mozilla-and-th

Layoffs in the technology and venture-backed worlds continued today, as 23andMe confirmed to CNBC that it laid off around 100 people, or about 14% of its formerly 700-person staff. The cuts would be notable by themselves, but given how many other reductions have recently been announced, they indicate that a rolling round of belt-tightening amongst well-funded private companies continues. Mozilla, for example, cut 70 staffers earlier this year.
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